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Avendra to be Acquired by Aramark

Avendra to be Acquired by Aramark

Rockville, Md.–Avendra, a North American hospitality procurement services provider, announced that its board of managers reached a binding agreement with Aramark Corporation to sell the company to Aramark for $1.35 billion. Avendra is owned by founding shareholders Marriott International, Hyatt, ...

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Marriott Survey Predicts More Spending on Meetings in 2018

Marriott Survey Predicts More Spending on Meetings in 2018

LAS VEGAS, Nev.–During IMEX America—the worldwide exhibition for incentive travel, meetings, and events—Marriott International released results from a proprietary survey of the company’s Convention Resort Network, a collection of 100 of the largest convention and resort hotels across the Americas. Marriott ...

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MCR Acquires Two Marriott Properties in Utah

MCR Acquires Two Marriott Properties in Utah

MCR announced the acquisition of two Marriott hotels located in Lehi, Utah, a suburb of Salt Lake City. Both properties, the Courtyard Lehi and SpringHill Suites Lehi, are situated at the entrance to Thanksgiving Point, Lehi’s central business and leisure hub, ...

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